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Why it is hard for VCs to say ‘no’ and why that ‘no’ could be good news for an entrepreneur

The Next Web

They speak about how they love to help entrepreneurs build successful companies, yet when I ask them to give me feedback on my business plan or idea, they usually don’t even bother writing me back. Yes, it is true that some entrepreneurs either don’t receive a response or get a pre-made template. VCs are arrogant.

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Richie Norton on The Power of Starting Something Stupid

Life Beyond Code

Some said I was “stupid” or “crazy” for going after this dream to help people start businesses in developing countries, but I persisted. I actually raised money, created a fund and decided to back certain budding entrepreneurs who had won the business plan competition.

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